Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 59.01%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- San Luis Obispo Paso Robles, California: + 59.01%
- State of CA: + 45.37%
- Difference: + 30.05%
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 111.1 | + 1.52% | + 6.07% |
| 1998 | 3 | 112.61 | + 1.36% | + 5.44% |
| 1998 | 4 | 115.01 | + 2.13% | + 8.52% |
| 1999 | 1 | 117.58 | + 2.23% | + 8.94% |
| 1999 | 2 | 121.07 | + 2.97% | + 11.87% |
| 1999 | 3 | 124.57 | + 2.89% | + 11.56% |
| 1999 | 4 | 128.23 | + 2.94% | + 11.75% |
| 2000 | 1 | 136.19 | + 6.21% | + 24.83% |
| 2000 | 2 | 140.62 | + 3.25% | + 13.01% |
| 2000 | 3 | 145.69 | + 3.61% | + 14.42% |
| 2000 | 4 | 152.29 | + 4.53% | + 18.12% |
| 2001 | 1 | 157.47 | + 3.40% | + 13.61% |
| 2001 | 2 | 165.34 | + 5.00% | + 19.99% |
| 2001 | 3 | 170.93 | + 3.38% | + 13.52% |
| 2001 | 4 | 174.02 | + 1.81% | + 7.23% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Los Osos, California Refinance, or Los Osos, California Reverse Mortgages, you could estimate your home value.
If you knew your Los Osos, California home was worth $99,000.00 in 1998, you could multiply by + 59.01%, add the gain and see the home should be worth $157,419.41 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1998 to 2001:
+ 14.75%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 93402 - LOS OSOS, CA
MSA Pop: 253118Zip Pop: 14842
Avg Value: 201900
County: SAN LUIS OBISPO
Elev: 234
Region: West
Lat: 35.30142
Long: -120.825